Simbamanyo’s Court Gambit Collapses as Equity Bank’s Sale Upheld
In a decisive blow to Simbamanyo Estates, the High Court (Commercial Division) has dismissed the company’s high-profile lawsuit challenging the 2020 sale of its prime property, Simbamanyo House, to businessman Sudhir Ruparelia. The ruling affirms that the transaction — triggered by an $8.1 million loan default — was entirely legal.
